Today: 20 June 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Microsoft Stock Moves on Weekend; Bigger Wall Street Test Ahead

Microsoft $190 Billion AI Spend Losing Its Sting for Investors

Microsoft shares fell $2.96 to $415.61 late Tuesday morning, putting its market cap near $3.10 trillion. CFO Amy Hood said the company plans $190 billion in capital spending for 2026, with $25 billion for higher component costs. Azure and cloud revenue rose 40% last quarter, while demand continues to outpace supply. Investors remain focused on AI spending and the upcoming Microsoft Build event.
26 May 2026
···
Qualcomm Sale by Congresswoman Puts Spotlight on AI Rally

Qualcomm Sale by Congresswoman Puts Spotlight on AI Rally

Rep. Sara Jacobs disclosed two Qualcomm stock sales totaling up to $2 million from a family trust, according to a House filing signed May 20. The transactions occurred May 6 and 7, just before Qualcomm shares jumped nearly 5% on news of an AI chip deal with ByteDance. The filing does not specify share counts, prices, or the reason for the sales. Jacobs’s grandfather co-founded Qualcomm.
26 May 2026
··
Costco Stock Trades Close to Highs as Earnings Loom

Costco Stock Trades Close to Highs as Earnings Loom

Costco shares fell 2.7% to $1,000.48 Tuesday as investors questioned the stock’s high valuation ahead of fiscal Q3 earnings due May 28. The company’s price-to-earnings ratio stands near 52, with analysts expecting $4.98 a share on $69.61 billion in revenue. April net sales rose 13% to $23.92 billion. Membership renewal rates remain high at 92.1% in the U.S. and Canada.
26 May 2026
··
ASML draws fresh attention from Wall Street in AI push

ASML draws fresh attention from Wall Street in AI push

Coatue Management disclosed a $655.4 million stake in ASML, while UBS raised its price target to €1,900. ASML reported Q1 net sales of €8.8 billion and expects 2026 sales between €36 billion and €40 billion. CEO Christophe Fouquet said chip demand, driven by AI, is outpacing supply. ASML’s U.S. shares closed nearly flat at $1,629.27, with a market cap near $641 billion.
26 May 2026
····
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Nasdaq Gains, Dow Trails in Monday Trading

Social Security will issue its final May payments on Wednesday, May 27, to beneficiaries with birthdays from the 21st to 31st. June payments begin with SSI on June 1, followed by most Social Security checks on June 10, 17, or 24, depending on birth date. The average retired worker received $2,081.16 in April. A 2.8% cost-of-living adjustment applies to 2026 checks.
26 May 2026
Walmart Analysts Hold $140 Target but Watch Gas Prices

Walmart Analysts Hold $140 Target but Watch Gas Prices

Walmart shares fell 1.1% to $118.91 Tuesday after reporting Q1 sales up 7.3% to $177.8 billion and global e-commerce up 26%. Walmart+ sign-ups hit a record, but Q2 adjusted EPS guidance came in at 72 to 74 cents. Evercore ISI and Morgan Stanley kept $140 price targets; BofA cut its target to $144. CFO John David Rainey warned of possible higher retail price inflation due to ongoing high costs.
26 May 2026
·
Okta Shares See Sharp Analyst Shift Ahead of Results, Eyes on AI Security Demand

Okta Shares See Sharp Analyst Shift Ahead of Results, Eyes on AI Security Demand

Arete Research upgraded Okta to Buy from Sell and raised its price target to $127 ahead of Okta’s fiscal Q1 earnings, due May 28. Okta shares rose 0.7% to $92.89 in early Nasdaq trading. Analysts expect Q1 adjusted earnings of 85 cents per share and revenue near $752 million. Wall Street is watching if AI agents will drive new demand for identity-security software.
26 May 2026
···
Honeywell’s Quantum Offshoot Is Targeting $12.7 Billion In Public Debut

Honeywell’s Quantum Offshoot Is Targeting $12.7 Billion In Public Debut

Quantinuum aims to raise up to $1.05 billion in a U.S. IPO, targeting a $12.7 billion valuation. The Commerce Department plans to grant the company $100 million as part of new federal quantum-computing incentives. Quantinuum reported a net loss of $192.6 million on $30.9 million in revenue for 2025. Honeywell will retain about 49% of voting rights after the IPO.
26 May 2026
····
Arm’s 46% AI Jump Is at a Crossroads After Nvidia Surge

Arm’s 46% AI Jump Is at a Crossroads After Nvidia Surge

Arm Holdings shares fell 1.3% to $302.44 Tuesday after touching $323.89, following a sharp rally that saw the stock surge 46.5% last week. The company reported record quarterly revenue of $1.49 billion and said customer demand for its AGI CPU more than doubled in six weeks, naming Meta as lead partner. Nvidia posted record quarterly revenue of $81.6 billion and announced a new Arm-based CPU targeting AI workloads.
26 May 2026
···
Dell Technologies Stock Just Hit a Record. Wall Street Is Now Asking How Much AI Is Already Priced In

Dell faces AI earnings test after record run

Dell shares rose 3.4% to $305.21 Tuesday, extending Friday’s record close as investors await Thursday’s earnings report. Options pricing signals a possible 10% swing after results, with Wall Street focused on AI server demand and margins. Visible Alpha expects quarterly revenue of $36.18 billion and adjusted earnings of $2.97 per share. Dell’s stock has more than doubled this year on AI infrastructure demand.
26 May 2026
·······
Fidelity Adds State Street Backing in Active ETF Race

Fidelity Adds State Street Backing in Active ETF Race

Fidelity International appointed Elisa Prezzavento as director of ETF product strategy and development in London, hiring her from State Street. Europe-domiciled active ETF assets rose to €85.6 billion by March 31, just 3.1% of the region’s ETF market, according to Morningstar. Fidelity manages $11.3 billion in active ETF assets, ranking second in Europe.
26 May 2026
···
Vertiv Stock Tests AI Data-Center Rally as VRT Shares Hit Fresh Highs

Vertiv Faces New Pressure as Big Funds Divide on AI Trade

New Age Alpha Advisors increased its Vertiv stake by 466% in Q4, while Intermede and Nixon Peabody Trust Co. cut holdings, recent 13F filings show. Vertiv raised its 2026 outlook after Q1 net sales rose 30% to $2.65 billion, driven by AI data center demand. Shares traded at $327.46 in early New York action, with a market cap near $128.4 billion. The stock remains priced at over 82 times earnings.
26 May 2026
···
Robinhood Stock Slides After Crypto Slump Hits Earnings — What Investors Need to Know

Robinhood’s Canada crypto move gets approval, next challenge looms for HOOD

Robinhood Markets is set to enter Canada after WonderFi Technologies said regulators cleared the sale of Coinsquare Capital Markets, with closing expected around June 1. The $179 million deal gives Robinhood access to Canadian crypto firms Bitbuy and Coinsquare. Shares traded at $73.64 premarket, valuing the company at $67.4 billion. Robinhood’s crypto revenue fell 47% last quarter, while net revenue rose 15% to $1.07 billion.
26 May 2026
··
Why SoFi Technologies Stock Is Slipping After Its PrimaryBid Deal

SoFi slides 45%, with one key metric in focus

SoFi Technologies reported record Q1 results, with adjusted net revenue up 41% to $1.09 billion and net income at $167 million, but shares held flat premarket at $15.62. Management kept 2026 guidance unchanged despite the strong quarter. Loan platform volume dropped to $3 billion, raising concerns about private credit demand. Tech Platform revenue fell 27% as a major client exited.
26 May 2026
·
Uber eyed as possible Delivery Hero buyer, DoorDash rivalry in view

Uber runs into price ceiling on $11.6B Delivery Hero move

Delivery Hero shares traded at €37.91 in Frankfurt Tuesday, above Uber’s €33-a-share bid, as investors anticipated a higher offer. Uber recently doubled its stake to 19.5% and confirmed an indicative proposal, while some shareholders rejected €38 a share. DoorDash has also shown interest in Delivery Hero’s Middle East assets. Delivery Hero is reviewing options, including asset sales or a full sale.
26 May 2026
··
1 … 18 19 20 21 22 … 872

Stock Market Today

  • Investors Eye Micron Earnings as Key Indicator for AI-Driven Stock Rally
    June 20, 2026, 1:20 PM EDT. Micron Technology's upcoming earnings report is viewed as a crucial gauge of the U.S. stock market rally fueled by artificial intelligence (AI) momentum. Despite a recent selloff, major indexes stay near all-time highs, backed by strong corporate earnings and AI investment growth. Micron shares have surged 298% year-to-date, reflecting booming demand for memory chips tied to data centers. The report on June 24 will indicate if AI-driven semiconductor spending and profits can continue to exceed expectations. AI investment spending is projected to grow beyond $700 billion this year, up from $400 billion in 2025. While the AI narrative dominates, investors remain cautious amid upcoming macroeconomic data, including inflation and GDP figures, which could impact consumer health and economic growth.

Latest articles

Teradyne set to join Nasdaq-100 after shortened week rally

Teradyne set to join Nasdaq-100 after shortened week rally

20 June 2026
Teradyne surged 7.19% to $437.92 ahead of its Nasdaq-100 inclusion before Monday’s open, capping an 8.6% weekly gain driven by AI-linked test demand and index fund buying; with shares near 52-week highs and trading at 81 times earnings, the stock faces a high bar as investors weigh whether AI momentum and passive inflows can sustain further gains.
Go toTop